Author: Bhakti Narayanan

As outlined in a report by Naredco-Knight Frank India, the real estate sector stands as a significant contributor to the revenue of Indian states and Union Territories (UTs). In the fiscal year 2023, these regions collectively amassed approximately Rs. 2 lakh crore (equivalent to US$ 24 billion) through various channels, including stamp duties. This financial inflow constitutes 5.4% of the total revenue generated by all Indian states and union territories during 2022-23. The report, titled ‘India Real Estate: Vision 2047,’ was jointly released by the realtors’ organization Naredco and property consultancy firm Knight Frank India. According to the report’s projections,…

President Joe Biden of the United States arrived in New Delhi on September 8 to participate in the G20 Leaders Summit, scheduled for September 9-10. His visit began with a bilateral meeting with Prime Minister Narendra Modi, where they discussed various aspects of their strategic partnership, building on commitments made during Modi’s historic state visit to the U.S. in June 2023. Significant Memorandums of Understanding (MoUs) were finalized during the meeting. One involved the Bharat 6G Alliance and Next G Alliance, promoting public-private sector collaboration in networking and telecommunications. Another memorandum of understanding (MoU) was forged between Indian universities, represented…

Digital disruptor brands are poised to outpace the growth of the online fashion sector, currently valued at $2.4 billion and projected to reach $10 billion by FY28, with a forecasted 35% compound annual growth rate (CAGR). A report titled “Digital Fashion Disruptors: Navigating the Future of Fashion” by Bain & Company and TMRW House of Brands, a venture of the Aditya Birla Group, attributes this trend to consumers’ preference for exploring new brands and the innovation driven by digital-first companies. The overall online fashion market is expected to reach nearly $35 billion by FY28, with digital disruptors holding approximately 29%…

Members of the Indian Naval Air Squadron 312, known as the Albatross, and the American Tridents from Patrol Squadron 26 recently concluded a week of joint maritime patrol and reconnaissance training at India Naval Air Station Rajali in Tamil Nadu, India. The VP-26 Tridents, based in Jacksonville, Florida, are currently deployed to Misawa Air Base in Japan. Lieutenant Ryan Speir, the detachment officer in charge of VP-26, highlighted this as a valuable opportunity to enhance the partnership between the two nations and improve their collaborative efforts in safeguarding maritime areas. He emphasized the significance of the P-8A aircraft in anti-submarine…

The Indian Olympic Association (IOA) has revealed the ceremonial attire and sports gear that will be worn by the Indian delegation participating in the 19th Asian Games held in Hangzhou, China. This momentous occasion was graced by the presence of Anurag Singh Thakur, the Union Minister for Information and Broadcasting and Youth Affairs and Sports, along with PT Usha, the president of the IOA. Scheduled to take place from September 23 to October 8, 2023, the 19th Asian Games will witness India’s largest-ever contingent, comprising 634 athletes spanning 38 diverse sporting disciplines. The ceremonial outfits for athletes include a khaki…

The forthcoming decade is poised to witness a significant surge in India’s power demand, driven largely by non-hydropower renewable sources. A recently published report highlights that this growth is expected to surpass 70%, marking one of the most substantial increases among the world’s leading energy producers. The study, conducted by BMI, a division of the Fitch Group, underscores that India’s energy landscape will maintain a substantial reliance on coal-based power generation, with coal continuing to dominate the energy mix up until the year 2032. Furthermore, the report underscores the pivotal role of non-hydro renewable energy in India’s energy portfolio, predicting…

Young leg-spinner Tanveer Sangha has earned a spot in Australia’s extended 18-player one-day international (ODI) squad, positioning himself as a contender for the upcoming World Cup, set to kick off in October. Despite being just 21 years old, Sangha’s cricket journey has seen him represent four different teams: Australia Under-19s, Sydney Thunder, Washington Freedom, and Birmingham Phoenix. However, his most recent competitive appearance dates back to August 30, 2022, when he played for Birmingham Phoenix against London Spirit at Lord’s Stadium in London. A month after that match, Sangha faced a setback when he was diagnosed with a lower back…

Indian film producer and director Ektaa R Kapoor is set to receive the prestigious 2023 International Emmy Directorate award from the International Academy of Television Arts & Sciences. This recognition celebrates her remarkable career and profound impact on the Indian television landscape. The award ceremony will take place at the 51st International Emmy® Awards Gala in New York City on November 20, as confirmed by Bruce L Paisner, president & chief executive officer of IATAS. Conveying her appreciation for this recognition, the television producer, aged 48, expressed, “This accolade carries deep significance for me. It represents a journey that transcends…

India is gearing up to host the Global IndiaAI 2023 conference in October, uniting prominent figures in the field of artificial intelligence, including researchers, startups, and investors, from both India and across the globe. The Ministry of Electronics and Information Technology (MeitY) is the driving force behind this event. The steering committee responsible for shaping the conference’s direction will be chaired by Rajeev Chandrasekhar, Minister of State for Skill Development & Entrepreneurship and Electronics & IT. The conference’s agenda is set to cover a diverse range of topics, encompassing next-generation learning, foundational AI models, and their applications in areas such…

Commending the crucial contributions of over 100 women scientists in the success of Chandrayaan-3, Prime Minister Narendra Modi emphasized the mission’s embodiment of women’s strength and capabilities. In his address on the Mann Ki Baat episode, PM Modi highlighted the integral roles held by women scientists and engineers within the Chandrayaan-3 project, from project directors to system managers. He lauded their ambitious pursuit of space exploration, noting that this determination signifies India’s development. Recalling his Independence Day speech, PM Modi reiterated the need to fortify women-led development as a national trait. He pointed to the pivotal role played by women…